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#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future

#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future

FromMy First Million


#193 - How a $25 Million a Year Sweepstakes Business Works and Shaan Predicts the Future

FromMy First Million

ratings:
Length:
65 minutes
Released:
Jun 23, 2021
Format:
Podcast episode

Description

Shaan (@ShaanVP) and Sam (@TheSamParr) go in depth on how the Sweepstakes industry works, and Sam shares how they would use sweepstakes to grow the Hustle. The guys also discuss a business friendly take on deep fakes, a no-chicken chicken nugget, and how options contacts could work for startup founders. They end the episode with a long segment where Shaan predicts what the next version of today's big companies will look like.
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Show notes:
* (1:20) Recap of episode 
* (6:36) Brick and mortar businesses
* (10:45) Losing millions with shipping delays
* (14:26) Oasis - a positive spin on deep fakes
* (23:23) Multi-million dollar sweepstakes businesses
* (36:39) How the Hustle thought about user acquisition
* (41:12) The chicken-free chicken nugget
* (44:09) Options contracts for startups
* (50:16) The Future: Shaan gazes into a crystal ball
* (51:13) The Future: Apple
* (51:56) The Future: Facebook
* (53:23) The Future: Amazon
* (54:31) The Future: 7/11
* (55:28) The Future: Netflix
* (56:55) The Future: Pornhub
* (57:53) The Future: Domino's
* (59:30) Episode close
Released:
Jun 23, 2021
Format:
Podcast episode

Titles in the series (100)

The Hustle presents - My First Million. A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.